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Claims related to fire or lightning tend to be the most costly of all, with each averaging just over $77,000.
Record heat, drought conditions and a longer wildfire season could spell trouble. The Hartford has this wildfire advice...
The past decade has been the worst on record for wildfire insurance losses, according to Zesty.ai.
From underinsurance to inflation, these are some of the major challenges facing P&C insurers today and into the future.
Only 8% of the total losses from one of Colorado's most destructive wildfires have sufficient insurance coverage, according to state regulators.
What can you do to better counsel clients so they feel secure and prepared in the event of an emergency?
The majority of the damage was concentrated in Louisville, Colorado, which saw 533 structures destroyed and 45 damaged.
The Boulder Sheriff's Office reported it is working with investigators to better assess the damage but winter weather is slowing the process.
The measure passed with a vote of 52 to 48 in the evenly divided chamber.
CNA's chief underwriting officer details why inclusivity and charity are part of a winning strategy for the future.